On a relative basis, the stock has outperformed the S&P 500 by 4.11% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.27% in the last 1 week, and is up 5.79% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 28.76% from its 1 Year high price. On Jul 7, 2016, the shares registered one year high at $83.19 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $77.13 and the 200 Day Moving Average price is recorded at $75.17.
The stock has recorded a 20-day Moving Average of 5.47% and the 50-Day Moving Average is 8.03%.
Kellogg Company (NYSE:K): stock turned positive on Friday. Though the stock opened at $82.58, the bulls momentum made the stock top out at $82.71 level for the day. The stock recorded a low of $81.73 and closed the trading day at $82.64, in the green by 0.45%. The total traded volume for the day was 1,805,791. The stock had closed at $82.27 in the previous days trading.
In an insider trading activity,The officer (Chief Financial Officer) of Kellogg Co, Dissinger Ronald L sold 50,000 shares at $77.02 on May 12, 2016. The Insider selling transaction had a total value worth of $3,851,000. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Kellogg Company is a manufacturer and marketer of ready-to-eat cereal and convenience foods. The Companys principal products are ready-to-eat cereals and convenience foods, such as cookies, crackers, savory snacks, toaster pastries, cereal bars, fruit-flavored snacks, frozen waffles and veggie foods. The Companys cereal products are generally marketed under the Kelloggs name and are sold to the grocery trade through direct sales forces for resale to consumers. The Company also markets cookies, crackers, crisps and other convenience foods, under brands, such as Kelloggs, Keebler, Cheez-It, Murray, Austin and Famous Amos, to supermarkets in the United States through a direct store-door (DSD) delivery system, although other distribution methods are also used. The Company uses broker and distributor arrangements for certain products. It also uses similar arrangements, in less-developed market areas or in those market areas outside of its focus.